Exchange process of 500 Rs., 1000 Rs. Note, where can exchange the money, New 500 and 2000 rupees notes picsIndian Prime Minister Mr. Narendra Modi has taken biggest decision to stop the fake notes and black money in India. As per the modi’s speech, Nov 8th midnight onwards 500 & 1000 currency notes has not to be in usage, and stopped the working of the ATM machines on 9th and 10th November. Who have five hundred and thousand note those can change in near post offices and banks before 31st December 2016. ATM will be work from 11th November onwards only can draw the money 2000 Rs. per day this value will be changed going forward, over the period of time.
Most of the politician will be affect by this policy, they used the loop wholes of Indian Democracy gathered crores of Black Money.
What new in 2000 rupees note images:
In 2000 Rs. New currency is designed as avoid the black money in India, Making of these notes used a new technology Nano GPS Chip (NGC). This new technology works without power source. It acts as a signal reflector, When a satellite send the signals to one location, these notes will be reflects the signals with location and serial number of the currency. NGC technology identifies the note which contains this new technology even it kept in 120 meters below in ground level. So using of NGC technology, satellite can track the amount of money is having in particular location and passed the information to the Income Tax department.